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INGHAMS GROUP LIMITED — Proxy Solicitation & Information Statement 2018
Nov 5, 2018
65128_rns_2018-11-05_7f169456-0fef-42d8-8e24-38d79e3d0f3e.pdf
Proxy Solicitation & Information Statement
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ASX Release 6 November 2018 Inghams Group Limited (ASX: ING, Ingham’s)
INGHAM’S NOTICE OF MEETING TO APPROVE RETURN OF ~$125 Million (33 CENTS PER SHARE) TO SHAREHOLDERS
Inghams Group Limited [ASX:ING, Ingham’s] will, subject to shareholder approval at an Extraordinary General Meeting on 6 December 2018, return funds to shareholders of approximately $125 Million ($0.33per share) expected to comprise entirely of a return of capital.
The distribution will be the subject of a Class Ruling to be issued by the Australian Taxation Office on the tax treatment of the payments.
A Notice of Extraordinary Meeting of Members, which is the subject of a separate announcement and contains all necessary information for the meeting, will be sent to shareholders today.
If shareholders approve the capital return, it will be paid on 18 December 2018.
The key dates for the capital return are summarised in the table below:
| Event | Date |
|---|---|
| Extraordinary general meeting and Capital Return approval | 9:00am (Sydney time) on |
| 6 December 2018 | |
| Ingham’s shares trade ‘ex’ the Capital Return | 10 December 2018 |
| Record Date for determining entitlement to participate in | 7.00pm (Sydney time) on |
| Capital Return | 11 December 2018 |
| Implementation of the Capital Return | 18 December 2018 |
Media contact
Julia Seddon Ph: +61 2 9826 4410 M: +61 416 059 424 E: [email protected]
Inghams Group Limited • ACN 162 709 506 • Level 4, 1 Julius Ave North Ryde NSW 2113 Australia • Locked Bag 2039, North Ryde, NSW 1670 Australia